By Accommodation Times Bureau CRISIL Research believes demand for residential property is unlikely to revive in the next 12-18 months as the fundamental problem of lack of end-user buyers is unlikely to change any sooner. To be sure, absorption of new homes has been on a slide for over six years now.
By Accommodation Times (www.accommodationtimes.com) Lower demand for residential real estate and slower pace of execution of infrastructure projects weighed down demand for cement in the April 2011 to January 2012 period. Demand for cement grew at a subdued pace of 6.3 per cent y-o-y. With huge capacity additions during the same
CRISIL Research expects divergent price trends during the year in Mumbai and NCR (NationalCapital Region), the two largest residential real estate markets in India. In 2011, prices of houses are likely to decline in Mumbai, whereas prices will rise marginally in NCR. Further, the extent of price decline will vary
By Accommodation Times News Services A recent study by CRISIL, a credit rating agency and research, said that 30,000 crore debt may turn into bad with top 25 builders in India. The study "The Realty Reality" highlighted : • Realtors stare at high debt refinancing risk • Construction cost surpasses sales collections • Demand
Accommodation Times News Services CRISIL Research expects real estate developers’ earnings and return on equity (RoEs) to improve next year. Sustained growth in demand, expected to improve on interest rate cuts likely next year, will be a key determinant for the improvement in industry’s profitability and RoEs. Over the past two
By Accommodation Times Bureau Despite a 40 per cent decline in new home sales in 2011 According to CRISIL Research, India’s largest independent and integrated research house, new home prices in Mumbai are unlikely to decline in 2012. Notwithstanding a 40 per cent dip in sales of new homes since mid-2011, a
As the property prices are mounting day to day in metros and interest rate also high, so smaller cities are luring to big developers owing to price sta¬bility and growth prospects, said a recent study by Crisil Research. According to the several market analyst also said that “realtors are moving from
Price stability and growth prospects of smaller cities are attracting large real-estate developers. The developers are diversifying from metro cities with an eye on future growth. A recent report released by Credit Rating and Information Services of India Ltd(CRISIL) Research, titled ‘Real(i)ty Next: Beyond the Top 10 Cities of India’,